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Biotech / Medical : Immunex
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To: John O'Neill who wrote (619)12/13/2001 11:46:44 PM
From: eric ross   of 656
 
Hi John....
I am sure that AMGEN has taken into consideration all the assets of IMNX. It is for this reason that 35 or more per share will be the starting bid for IMNX IMHO. Otherwise, most of the major shareholders will oppose the merger.

Keep in mind that IMNX was trading over 50 at the time when it has less revenue, less visibility. Now that the picture is quite clear for IMNX, they deserve a good premium. In my opinion, IMNX should not settle for anything less than 40.
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